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These days, finding an affordable place to live in the Brandon area can be challenging. Home prices in Brandon are now at a median cost of $273,701, lower than the Minnesota average of $345,793.
The average cost of rent is $1,031/mo in Brandon, primarily driven by the current value of real estate in the Brandon area. In Brandon, 12.72% of households rent, and 42.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Brandon is $7,538 per month. Households that rent pay about 13.67% of their income on rent here. Brandon’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Evansville, MN: less expensive homes
- Garfield, MN: equally priced homes
- Millerville, MN: equally priced homes
- Melby, MN: higher priced homes
- Holmes City, MN: higher priced homes
- Leaf Valley, MN: higher priced homes
- Alexandria, MN: higher priced homes
- Kensington, MN: equally priced homes
- Erdahl, MN: less expensive homes
- Urbank, MN: higher priced homes
Cities with Similar Populations
- Coburg, OR: higher priced homes
- Breesport, NY: less expensive homes
- Van Etten, NY: less expensive homes
- Buena Vista, PA: less expensive homes
- Bulger, PA: less expensive homes
- Ursa, IL: less expensive homes
- Cecil, OH: less expensive homes
- South Coffeyville, OK: less expensive homes
- Cincinnatus, NY: less expensive homes
- Allison, IA: less expensive homes
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